Ex-Bank of England governor Mark Carney to chair billionaire Michael Bloomberg's media empire

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Mark Carney has been hired by billionaire former New York Mayor Michael Bloomberg to chair the board of his financial data and media empire.

Article originally published by The Telegraph. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

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22 Aug 2023

The former governor of the Bank of England will lead a new board of directors tasked with taking a “fresh look at where we are and where we should be”, according to a memo sent by Mr Bloomberg to staff on Monday.

The 58-year-old Canadian has joined as part of a shake-up that has seen Mr Bloomberg step down as chief executive.

Despite the change, Mr Bloomberg, 81, insisted he was “not going anywhere” and will continue to work with co-founder Tom Secunda on “priorities” for the company.

“I’ve never used a title in the company, so I won’t change what I’ll be called – just “Mike,” he said.

Mr Carney is expected to carry out his duties as Bloomberg board chairman in addition to his current roles as chairman of Brookfield Asset Management and co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ), a global group of financial institutions committed to net zero.

GFANZ is already based inside